Wednesday, May 9, 2012

The Question Is 'How Best To Default' and Not 'How Best to Maintain the Unsustainable'


"The issue which has swept down the centuries and which will have to be fought sooner or later is the people versus the banks."

John Dalberg Lord Acton

Greece is the most awkward of the EU countries by far in terms of economic fit.

There is no conceivable way that Greece can remain in a single currency union without regular transfer payments from the rest of the EU to compensate them for

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